Dead Cat Bounce - or Cat on a hot tin roof?

Updated

Hard to say at the moment which is happening, on SPX I'm looking for 4k to be clearly taken out impulsively today. If not, it's another ABC correction and we're probably going lower next week until we find a temporary bottom.

I wish you luck and a great weekend!

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should know soon enough

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another possibility for resistance, let's see how the day closes. good luck

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The goal is the 200 weekly MA (SPX500)

ABC possibly finished here - be careful you shorties!

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